SUVs, tractors, finance, holidays
Mahindra group
In Q1 FY27, all 3 Mahindra group businesses that state revenue growth grew it: Mahindra Lifespace Developers +70%, Mahindra & Mahindra +23% and Mahindra Finance +14.6%.
Next: Mahindra & Mahindra's Q2 FY27 results, expected 5 Nov.
Growth and size by business
- Mahindra Lifespace DevelopersQ1 FY27 revenue ₹966 cr+70%
- Mahindra & MahindraQ1 FY27 revenue ₹41,920 cr, standalone+23%
- Mahindra FinanceQ1 FY27 revenue ₹5,717 cr+14.6%
Figures as each company's report states them; ↗ opens the report. Only the same period is compared.
Each point is a figure its report states; tap a point to open the report.
What moved, biggest first
Kotak keeps Buy on M&M with ₹4,000 fair value, 40% upside, despite tractor slowdown and SUV share worries
Reported:
Financial Express
The secured 1,095-day issue at a 7.95% fixed coupon provides funding visibility, while keeping attention on borrowing costs, loan-receivable collateral quality and deployment returns.
Reported: Mahindra Finance has approved a secured, listed private placement of non-convertible debentures worth up to ₹2,000 crore, including a ₹1,000 crore greenshoe option. The 1,095-day issue carries a fixed 7.95% annual coupon and is backed by loan receivables and other assets.
CNBC-TV18
Mahindra says EV demand has reached 10,000-11,000 a month against recent retail of over 8,000, so dealers should expect stock-limited EV sales and waiting lists until capacity rises from about 8,000 to 12,000 units a month by March 2027.
Reported: Demand has risen to 10,000-11,000 EVs a month, while Mahindra has recently retailed over 8,000. Electric SUV capacity was around 8,000 units a month at end of March, and the company plans 12,000 by the end of the financial year (March 2027).
ET Small Business
Mahindra’s Thar OG refresh reinforces a performance-and-adventure positioning that can help dealers stimulate showroom traffic and accessory-led sales among off-road SUV buyers.
Reported: Business Today's Drive Today spotlights the new Mahindra Thar OG, positioning the SUV around higher power output and upgraded off-road performance.
Business Today
Scorpio N’s ₹48,000–₹55,000 estimated monthly ownership burden makes finance-led conversion, lower-EMI variants and dealer-level loan partnerships critical to sustaining demand in Delhi.
Reported: A buyer-finance guide estimates Delhi on-road pricing, down payments and five-year EMIs for Mahindra Scorpio N petrol, diesel, manual, automatic and 4WD variants. It flags a roughly ₹48,000–₹55,000 monthly ownership outlay when EMI and running costs are combined.
Business Today
Key numbers, latest reported season
| Business | Period | Revenue growth | Net profit |
|---|---|---|---|
| Mahindra Lifespace Developers | Q1 FY27 | +70% | +67% |
| Mahindra & Mahindra | Q1 FY27 | +23% | +6.8% |
| Mahindra Finance | Q1 FY27 | +14.6% | +70% |
Year on year, as each business's own reports state it; each figure links to its report. Net profit growth, or the loss.
Businesses and brands
Mahindra & Mahindra 155 reports in 90 days
Mahindra & Mahindra Financial Services
Mahindra Thar 7 reports in 90 days
Mahindra Last Mile Mobility 6 reports in 90 days
Group level: Mahindra Group.
Who owns what: mahindra.com, the group's own site, and the companies' filings. Brands with no reports in the last 90 days are not listed.